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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: EPS who wrote (21404)	3/25/1998 7:55:00 AM
From: SirAlexx	Read Replies (1) \| Respond to of 42771

Vic, excellent post. Try using the "fixed font" when posting tables. This stock has shown up on my TA screen as decidedly bullish, but the fundamentals are still so in doubt, or are they?

To: EPS who wrote (21404)	3/25/1998 8:35:00 AM
From: Frederick Smart	Read Replies (1) \| Respond to of 42771

Victor: >> I differ with you Fred in as much as I think that the train is ready for departure now.>> Here is my post from MF this morning which I hope clears up where I stand. Please note, when I make references to the "bearishness on SI" it is not directed at anyone personally. There is good reason and history behind all the water many have carried on this thread for the larger cause of educating investors about Novell's problems, etc. It's just that sometimes - oftentimes - these causes become crusades that can blind us from seeing emerging opportunities at hand. I know this firsthand and am just as guilty...... Note to all: My/our Microsoft Monopoly Mission statement has been out in the public domain for about a week now. I've received many requests for copies, but there is no planned followup. Again, my post this am.... ============================ I have tried to avoid piling onto hype-pile from Brainshare, etc. Novell's sustained strength in the $10-11 range indicates continued institutional buying is going on. For them to pay up on surges make sense now for if they try to play the dips they'll just end up competing with the MMs. I have lightened up some of my position at $10 1/2 when it first hit there and am content to wait patiently for a retracement. I am still very bullish on Novell longer term, but like every investor, there are competing alternatives. I have been attracted to the recent weakness in oil exploration stocks during the past few weeks. My Novell money is still there, however. Suggestion to all: let this turn gain all the legs it needs for a long duration. For a sustained upmove to take place in any stock we still need a good dollup of bearishness and fear. While revisting my buy zone of "$6-8" would have been nice, I think this is wishful thinking from here on out. Just remember how bearish and hopeless it all seemed last fall. Remember how many long term believers were giving up. And try to understand the angst these shortsighted former longs must be feeling now as Novell rise continues to sustain itself. The market will bait these bitter former longs back into the game - if not now, then soon. At that point Novell will revisit its tendency to "slide" and these guys will be out for good. They deserve another shot back in, but mentally they've burned their bridge to Novell. The SI thread is an interesting study in this bitter psychology. But we need these guys to keep baiting the weak longs into selling out as we climb the wall of worry higher and higher. That's all for now. Good luck! =========================